| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.2B | $12.7B | — | 3.7% | — |
| Op. Income | $2.1B | $2.4B | — | -12.2% | — |
| Gross Margin | 65.9% | 65.9% | — | -0.0pp | — |
| Net Margin | 15.0% | 16.4% | — | -1.4pp | — |
| EPS (Diluted) | $0.84 | $0.88 | — | -4.5% | — |
| Free Cash Flow | $2.4B | $2.9B | — | -16.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $13.2B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $2.5B |
| Selling & Marketing | $3.5B |
| General & Administrative | $577M |
| SG&A Expenses | $4.0B |
| Other Expenses | $62M |
| Operating Expenses | $6.6B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $208M |
| Other Income/Expenses | $231M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $325M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $1.5B |
| EBIT | $2.5B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.2B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $2.5B |
| Selling & Marketing | $3.5B |
| General & Administrative | $577M |
| SG&A Expenses | $4.0B |
| Other Expenses | $62M |
| Operating Expenses | $6.6B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $208M |
| Other Income/Expenses | $231M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $325M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $1.5B |
| EBIT | $2.5B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $440M |
| Deferred Income Tax | $325M |
| Other Non-Cash Items | -$484M |
| Change in Working Capital | $800M |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$970M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | -$174M |
| Sales/Maturities of Investments | $874M |
| Other Investing Activities | -$702M |
| NET CASH FROM INVESTING | -$996M |
| Net Debt Issuance | -$694M |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$795M |
| NET CASH FROM FINANCING | -$2.4B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.9B |
| Short-Term Investments | $625M |
| Net Receivables | $10.1B |
| Inventory | $6.9B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $28.2B |
| PP&E (Net) | $16.5B |
| Goodwill | $31.8B |
| Intangible Assets | $30.0B |
| Long-Term Investments | $17.6B |
| Tax Assets | $8.2B |
| Other Non-Current Assets | $818M |
| TOTAL NON-CURRENT ASSETS | $104.9B |
| TOTAL ASSETS | $133.1B |
| Account Payables | $5.2B |
| Short-Term Debt | $5.2B |
| Deferred Revenue | $305M |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $23.4B |
| Long-Term Debt | $23.2B |
| Deferred Revenue NC | $5.7B |
| Deferred Tax Liabilities | $5.2B |
| Other Non-Current Liabilities | $6.6B |
| TOTAL NON-CURRENT LIABILITIES | $35.4B |
| TOTAL LIABILITIES | $58.9B |
| Common Stock | $969M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $77.6B |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | $73.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74.2B |
| Minority Interest | $59M |
| TOTAL EQUITY | $74.2B |
| TOTAL LIABILITIES & EQUITY | $133.1B |
| Total Debt | $28.4B |
| Net Debt | $19.6B |
